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Practice Question: 3 You sign a CPIF contract with a seller with the following parameters: Target Cost: 200,000 USD Target Fee: 20,000 USD Share Ratio;

Practice Question: 3
You sign a CPIF contract with a seller with the following parameters:
Target Cost: 200,000 USD
Target Fee: 20,000 USD
Share Ratio; 70/30
Maximum Fee: 30,000 USD
Minimum Fee: 10,000 USD
The seller completes the work for 180,000 USD. How much will the seller receive?

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